What has changed? If you use a car or van for work, the mileage rate you can claim tax relief on has increased for the first 10,000 miles travelled in a tax year - rising to 55p per mile from 45p. The change affects employees and directors travelling on business in a private vehicle, and also sole traders and partners travelling on business in their own vehicle. The rate change will not affect miles travelled on a motorcycle or bicycle. The rate for miles travelled above 10,000 will also...

The start of a new tax year, is the perfect opportunity to reset, get organised, and put yourself in a strong position for the months ahead. With Making Tax Digital starting this month more people than ever are needing that software support to get things organised. A Fresh Start for Your Finances The new tax year isn’t just a change in dates. Getting your accounts up to date now means you can: Avoid last-minute stress as deadlines approach Work with clear, accurate financial information Make...

Key Takeaways For small businesses, the main things to keep in mind are: Minimum wage increases Frozen tax thresholds Slight changes to business rates Higher penalties for late company tax returns Digital tax reporting continuing to roll out Below is a quick breakdown of what each of these means: Wages Are Increasing From April 2026 , minimum wage rates will rise. New hourly rates: Age 21 and over: £12.71 Age 18–20: £10.85 Under 18s and apprentices: £8.00 If you employ staff, it’s worth...